Impact of Brokerage Rating on ConAgra Foods Inc.(CAG)

Many ConAgra Foods Inc.(CAG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. ConAgra Foods Inc was Upgraded by Citigroup to Buy on Jan 11, 2017. Company shares were Reiterated by Credit Suisse on Dec 23, 2016 to Neutral, Raises Price Target to $ 40 from a previous price target of $35 .

Company has reported several Insider transactions to the SEC, on Jan 9, 2017, Joie A Gregor (director) sold 3,300 shares at 39.01 per share price.On Jul 19, 2016, Robert G Wise (SVP, Corporate Controller) sold 15,708 shares at 47.90 per share price.On Jul 8, 2016, Rajive Johri (director) sold 15,000 shares at 47.53 per share price.

ConAgra Foods Inc Last issued its quarterly earnings results on Dec 22, 2016. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.45. The company had revenue of $2088.00 million for the quarter, compared to analysts expectations of $2113.10 million. The companys revenue was down -32.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.

ConAgra Brands, Inc. (NYSE:CAG) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.83 by 9 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

ConAgra Brands, Inc. (NYSE:CAG): The stock price is expected to reach $ 44.5 in the short term. The number of analysts agreeing with this consensus is 8. The higher estimate for the short term price target is at $54 while the lower estimate is at $36. The standard deviation of the price stands at $6.19.

ConAgra Brands, Inc. (NYSE:CAG) rose 0.08% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $39.61 the stock was seen hitting $39.9 as a peak level and $39.52 as the lowest level. The stock ended up at $39.79. The daily volume was measured at 1,828,523 shares. The 52-week high of the share price is $40 and the 52-week low is $32.028635. The company has a market cap of $17,317 million.

Conagra Brands, Inc. manufactures and markets packaged foods for retail consumers, restaurants and institutions. Its operating segment consists of Consumer Foods and Commercial Foods. The Company offers meals, entrees, condiments, sides, snacks, specialty potatoes, milled grain ingredients, dehydrated vegetables and seasonings, and blends and flavors. Its brands include Marie Callenders, Healthy Choice, Slim Jim, Hebrew National, Orville Redenbachers, Peter Pan, Reddi-wip, PAM, Snack Pack, Banquet, Chef Boyardee, Egg Beaters, Rosarita, Fleischmanns and Hunts. Conagra Brands Inc., formerly known as ConAgra Foods Inc., is headquartered in Chicago, Illinois.


For any feedback and suggestions contact author at

Add Comment